So depending on your experience, if you are bringing a piece of land and some plans, I the outside investor would want likely between 80-90% of the equity if I am providing all the funds for closing, the experience, and the reserves, just to be honest on something like this. 

Does anyone have a spreadsheet formula for this?

Before I get to the content, when she said, "I am an automaton," I knew she was one of my people.

The last thing you want to do is buy this property and end up with a lopsided deal if the ARV is significantly lower than what the wholesaler claims.

Nothing is off the table at this point.

This market is literally built for STR and yes, there are thousands of units and yes, it is very competative.

I'm moderately experienced in subject-to (had approx 6 over last 9 years), but this will be my first time as a seller with the underlying loans in my name and more of the risk on my credit.

Perhaps someone with more intimate knowledge of the area can validate or dispel the type of neighborhood this is but it’s normally not good if that’s one of the first things to populate on the internet.

We identified 2 properties and one of them was already sold to someone else so we are left with this one but want to make sure that the numbers make sense and we are not missing anything.

I’m thrilled to join this vibrant group as a first-time homebuyer currently under contract on my first home!